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The Real Real laid off 10% of its workforce

The Real Real laid off 10% of its workforce

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The largest site for the resale of authenticated and consigned luxury goods, announces today its results for the first quarter of the year 2020, ending March 31, as well as the implementation of exceptional measures to deal with the Covid-19 crisis.

 

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The Realreal announces at the close of its first quarter 2020, a net loss of approximately $38 million and a gross merchandise volume of $258 million, an increase of 15% over the previous year.

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Featured Photo :  © The Realreal

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